0000950123-11-064142.txt : 20110706 0000950123-11-064142.hdr.sgml : 20110706 20110706170525 ACCESSION NUMBER: 0000950123-11-064142 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110706 DATE AS OF CHANGE: 20110706 GROUP MEMBERS: GLENHILL CAPITAL MANAGEMENT, LLC GROUP MEMBERS: GLENHILL CAPITAL OVERSEAS MASTER FUND, LP GROUP MEMBERS: GLENN J. KREVLIN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CASUAL MALE RETAIL GROUP INC CENTRAL INDEX KEY: 0000813298 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 042623104 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38923 FILM NUMBER: 11954012 BUSINESS ADDRESS: STREET 1: 555 TURNPIKE STREET CITY: CANTON STATE: MA ZIP: 02021 BUSINESS PHONE: 7818215900 MAIL ADDRESS: STREET 1: 555 TURNPIKE STREET CITY: CANTON STATE: MA ZIP: 02021 FORMER COMPANY: FORMER CONFORMED NAME: DESIGNS INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GLENHILL ADVISORS LLC CENTRAL INDEX KEY: 0001137521 IRS NUMBER: 134153005 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 156 WEST 56TH ST 17TH FL CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 646-432-0600 MAIL ADDRESS: STREET 1: 156 WEST 56TH ST 17TH FL CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: KREVLIN ADVISORS LLC DATE OF NAME CHANGE: 20010402 SC 13G/A 1 y91946asc13gza.htm SC 13G/A sc13gza
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Casual Male Retail Group, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
148711302
(CUSIP Number)
July 1, 2011
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o   Rule 13d-1(b)
 
þ   Rule 13d-1(c)
 
o   Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMD control number.
SEC 1745 (3-06)
 
 

 


 

                     
CUSIP No.
 
148711302 
 

 

           
1   NAMES OF REPORTING PERSONS

Glenhill Advisors, LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   4,464,641
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   4,464,641
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  4,464,641
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.22%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IA, HC


 

                     
CUSIP No.
 
148711302 
 

 

           
1   NAMES OF REPORTING PERSONS

Glenn J. Krevlin
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   4,464,641
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   4,464,641
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  4,464,641
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.22%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN, HC


 

                     
CUSIP No.
 
148711302 
 

 

           
1   NAMES OF REPORTING PERSONS

Glenhill Capital Management, LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   4,464,641
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    4,464,641
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  4,464,641
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.22%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IA, HC


 

                     
CUSIP No.
 
148711302 
 

 

           
1   NAMES OF REPORTING PERSONS

Glenhill Capital Overseas Master Fund, LP
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Cayman Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   3,258,100
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    3,258,100
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,258,100
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  6.73%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN


 

Item 1(a). Name of Issuer:
    Casual Male Retail Group, Inc.
Item 1(b). Address of Issuer’s Principal Executive Offices:
    555 Turnpike Street
Canton, MA 02021
Item 2(a). Name of Person Filing:
    Glenhill Advisors, LLC, Glenn J. Krevlin, Glenhill Capital Management, LLC and Glenhill Capital Overseas Master Fund, LP.
 
    Glenn J. Krevlin is the managing member and control person of Glenhill Advisors, LLC. Glenhill Advisors, LLC is the managing member of Glenhill Capital Management, LLC. Glenhill Capital Management, LLC is the general partner and investment advisor of Glenhill Capital LP, managing member of Glenhill Concentrated Long Master Fund, LLC, a security holder of the Issuer, and sole shareholder of Glenhill Capital Overseas GP, Ltd. Glenhill Capital Overseas GP, Ltd. is general partner of Glenhill Capital Overseas Master Fund, LP, a security holder of the Issuer.
 
    Pursuant to an internal restructuring (the “Restructuring”) effective July 1, 2011, Glenhill Capital LP transferred all of the shares of Common Stock of the Issuer held by it to Glenhill Capital Overseas Master Fund, LP. Accordingly, as of July 1, 2011, Glenhill Capital LP does not beneficially own any shares of the Issuer’s Common Stock as a result of the Restructuring.
Item 2(b). Address of Principal Business Office or, if none, Residence:
    156 West 56th Street, 17th Floor
New York, NY 10019
Item 2(c). Citizenship:
    See the response(s) to Item 4 on the attached cover page(s).
Item 2(d). Title of Class of Securities:
    Common Stock
Item 2(e). CUSIP Number:
    148711302
Item 3.   If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    Not Applicable

 


 

Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1:
  (a)   Amount Beneficially owned:
 
      See the response(s) to Item 9 on the attached cover page(s).
 
  (b)   Percent of Class:
 
      See the response(s) to Item 11 on the attached cover page(s), which was determined by dividing the number of shares beneficially held by the Reporting Person by 48,431,074, the number of shares of common stock issued and outstanding as reported in the Issuer’s Form 10-K/A filed with the Securities and Exchange Commission on May 31, 2011.
 
  (c)   Number of shares as to which the person has:
  (i)   Sole power to vote or to direct the vote:
 
      See the response(s) to Item 5 on the attached cover page(s).
 
  (ii)   Shared power to vote or to direct the vote:
 
      See the response(s) to Item 6 on the attached cover page(s).
 
  (iii)   Sole power to dispose or to direct the disposition of:
 
      See the response(s) to Item 7 on the attached cover page(s).
 
  (iv)   Shared power to dispose or to direct the disposition of:
 
      See the response(s) to Item 8 on the attached cover page(s).
Item 5. Ownership of Five Percent or Less of a Class.
    Not Applicable.
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
    Not Applicable.
Item 7.   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
    Not Applicable.
Item 8. Identification and Classification of Members of the Group.
    Not Applicable.
Item 9. Notice of Dissolution of Group.
    Not Applicable.
Item 10. Certifications.
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 


 

SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
DATE: July 6, 2011
         
    GLENHILL ADVISORS, LLC
 
       
 
  By:   /s/ GLENN J. KREVLIN
 
 
  Name:   Glenn J. Krevlin
 
  Title:   Managing Member
 
       
    /s/ GLENN J. KREVLIN
 
 
  Name:   Glenn J. Krevlin
 
       
    GLENHILL CAPITAL MANAGEMENT, LLC
 
       
 
  By:   GLENHILL ADVISORS, LLC
 
      Managing Member
 
       
 
  By:   /s/ GLENN J. KREVLIN
 
 
  Name:   Glenn J. Krevlin
 
  Title:   Managing Member
 
       
    GLENHILL CAPITAL OVERSEAS MASTER FUND, LP
 
       
 
  By:   GLENHILL CAPITAL OVERSEAS GP, LTD.
 
      General Partner
 
       
 
  By:   GLENHILL CAPITAL MANAGEMENT, LLC
 
      Sole Shareholder
 
       
 
  By:   GLENHILL ADVISORS, LLC
 
      Managing Member
 
       
 
  By:   /s/ GLENN J. KREVLIN
 
 
  Name:   Glenn J. Krevlin
 
  Title:   Managing Member